Andy Stanton is an experienced litigator who has tried cases to juries, judges, and arbitrators. He focuses his practice on representing financial institutions, most recently in connection with disputes arising out of residential mortgage-backed securities (RMBS), including repurchase claims, RMBS trustee litigation, and other RMBS contractual disputes. Andy also has represented broker-dealers in state and federal courts and before Financial Industry Regulatory Authority (FINRA) arbitration panels.
In addition to his work on behalf of financial institutions, Andy represents public and private companies who conduct business in a diverse group of industries, including health care and pharmaceuticals, manufacturing, construction, mining, metals, and specialty chemicals. He has significant merger and acquisition litigation experience, including jury and bench trials. Andy has litigated post-closing claims for indemnification, disputes over money held in escrow, earn out disputes, and post-closing purchase price and working capital adjustment claims. He has litigated a variety of other contract and business tort claims, including on behalf of policyholders seeking insurance recovery for third-party bodily injury and property damage claims, first-party property damage, and business interruption losses.
Andy serves on the board of directors of Communities in Schools of Allegheny County, a nonprofit organization dedicated to supporting and assisting at risk students.
The following represents experience acquired prior to joining Jones Day.
Served as lead trial counsel for U.S. Silica Company in a West Virginia state court case in which U.S. Silica sought insurance coverage for defense and indemnity costs arising out of third-party silica bodily injury claims and obtained a jury verdict plus an award of attorneys' fees and interest.
Served as lead trial counsel for Alcoa and obtained complete dismissal, following trial, of a post-closing claim for indemnification for a Chilean tax related to Alcoa's sale of its global consumer packaging business.
Served as lead counsel for a publicly traded company in a post-closing accounting arbitration to resolve a purchase price adjustment dispute, at the conclusion of which the resolving accountant ruled in favor of the client.
Obtained dismissal, affirmed on appeal, of a complaint brought by former shareholders of a pharmaceutical company that had sold their business to a pharmaceutical company client in which the plaintiffs sought reformation of the terms of an earn out agreement related to certain patents that were acquired as part of the deal.
Represented a publicly traded company that had frozen a post-closing escrow account by making claims for potential indemnification under the terms of a merger agreement and obtained dismissal of complaint alleging breach of contract and seeking a declaration that the indemnification claims were invalid under the agreement.
Represented an academic medical center in the defense of a qui tam complaint alleging false billings under Medicare Part B.
Obtained summary judgment on behalf of a policyholder client against its general liability insurer in connection with claims for coverage for defense costs incurred in response to complaints alleging property damage arising out of the alleged release of contaminants from an industrial facility during a hurricane.
Served as co-lead counsel in a jury trial defending a public company client against claims alleging fraud and breach of contract brought by former CEO of a joint venture company seeking damages related to an earn out agreement. The case settled on favorable terms at the conclusion of the second week of trial.
Served as lead counsel for a broker-dealer client in FINRA customer arbitration and obtained dismissal of all claims during fourth day of arbitration.
Pennsylvania Pension Review Commission Recommends Overhaul To Public Plans' Investments And Structure
- Stanford University (J.D. 2004; Co-president, 2004 Stanford Moot Court Board; Best Team, 2003 Kirkwood Moot Court Competition); Bates College (B.A. magna cum laude 2001, with honors in Philosophy; Phi Beta Kappa; Raymond S. Oakes Fellowship, awarded to senior best qualified to study law)
- Pennsylvania, U.S. District Courts for the Western District of Pennsylvania and District of Colorado, and U.S. Court of Appeals for the Third Circuit
Best Lawyers in America (2020-2021)